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500 companies on Singapore watch list for favouring foreigners

3/6/2018 1:09:25 PM
written By : Team India Se Print

Some 500 companies have been placed on the Singapore government’s Fair Consideration Framework (FCF) watch list over the past two years for unfairly favouring foreigners when hiring workers, said Manpower Minister Lim Swee Say in parliament on March 5.

These companies have "pre-conceived ideas" that local professionals, managers and executives (PMETs) are "either unable or unwilling to do the job", he said. "So they write them off without even considering them fairly.”

“Their Employment Pass (EP) applications are subjected to additional scrutiny," he added.  Since February 2016, 1,900 EP applications have been either rejected or withheld by the ministry, or withdrawn by the companies themselves, he said during the debate on his ministry's budget.

The companies were from the information and communication technology, professional services, and financial and insurance activities industries, among others.

EPs are meant for foreign professionals, managers and executives (PMETs), and requires candidates to earn at least S$3,600 a month and hold acceptable academic qualifications.

Under the FCF, implemented in August 2014, rules were put in place to ensure that firms consider locals for job openings.

So far, 150 companies have improved their human resource practices and "exited" from the watch list. Some 60 of the remaining 350 companies have not been cooperative, the minister said.

The ministry declined to disclose details of the uncooperative companies when asked.

 

1 comment for “MOM watch list”

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